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Cincinnati Industrial 22Q1 Report

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Firing On All Cylinders Within the Cincinnati Industrial Market

Unwavering demand continues to spill into 2022, pushing the market to new heights in spite of increasing supply shortages.

  • Vacancy fell to a historical low of 3.3% from 4.5% last quarter.
  • Construction activity continued to rise to 10.3 million square feet causing large plots of developable land to become scarce.
  • Absorption remained positive with 3.2 million square feet being absorbed within the quarter, surpassing every other quarter besides the previous.
  • Rental rates continued to rise due to strong demand and lack of supply.

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Cincinnati Industrial 22Q1 Report

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Related Experts

Brent Ludy

Research Manager

Cincinnati

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